Archer Limited announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced total revenue was USD 210.6 million compared to USD 239.7 million a year ago. Operating income was USD 7.6 million compared to USD 8.3 million a year ago. Net income was USD 2.7 million compared to USD 3.9 million a year ago. Basic earnings per share was USD 0.02 compared to USD 0.03 a year ago. For the full year, total revenue was USD 824 million compared to USD 928.6 million a year ago. Operating income was USD 19.4 million compared to USD 42.5 million a year ago. Net loss was USD 7.5 million compared to USD 47.7 million a year ago. Basic loss per share was USD 0.05 compared to USD 0.32 a year ago.